THE IMPACT OF CORPORATE GOVERNANCE

ABSTRACT

This study evaluated the impact of corporate governance on integrated reporting of manufacturing firms in Nigeria in 29 selected companies quoted on the Nigerian Exchange Group from 2018 to 2022. The study was carried out by extracting data from the annual reports for the period on which the descriptive statistics test, correlation analysis and the panel regression analysis were used. Corporate governance was represented by board gender diversity (BDGD), board size (BDSZ), board independence (BIND) and ownership concentration (INSTOWN), and four research hypotheses were formulated from each of the variables. The study also made use of two control variables- leverage (LEV) and firm size (FSIZE). The result of the findings revealed that both board gender diversity (BDGD), and board composition (BIND) have a negative and insignificant relationship with integrated reporting, board size (BDSZ) has a positive and significant relationship with integrated reporting, while ownership concentration (INSTOWN) has a positive and insignificant relationship with integrated reporting. The study recommends that companies should invest in awareness and training programs, encourage stakeholder engagement, incorporate environmental social governance metrics to their reporting processes and continuously improve integrated reporting procedures.